UPDATE 1-Motricity prices IPO to raise about $101.3 mln

* Says to offer 6.8 mln shares

* Offering priced at $14 to $16 apiece

* To use proceeds to fund investments and acquisitions

June 2 (Reuters) - U.S. technology company Motricity Inc (MOTR.O) expects to raise about $101.3 million from an initial public offering of 6.8 million shares.

The Bellevue, Washington-based company, which provides services to wireless carriers, said its IPO will be priced at $14 to $16 apiece.

Motricity, which counts billionaire Carl Icahn among its investors, said it plans to use the proceeds of the offering to fund investments and acquisitions of products or technologies.

The company intends to invest the remaining net proceeds in short-term, interest-bearing investment grade securities, it said in a filing.

The company reported a net loss attributable to common stockholders of $7.9 million, or $1.38 a share, in the quarter ended March 31, compared with $13 million, or $2.20 a share, in the same period a year ago.

Motricity said it will apply for a listing on NASDAQ under the symbol MOTR.

Underwriters of the offering are represented by Goldman Sachs & Co, and JPMorgan Securities Inc. (Reporting by Archana Shankar in Bangalore; Editing by Aradhana Aravindan)